Description
20,000+-SF Retail Bld by Big Box Retailers Home Depot & Lowes Sebring,FL! 9% Proforma Cap Rate. Current rents are below market & short term allowing new owner to lock in optimal market rates. Either use the desired space you need or lease for long term income performance if you wish and sell at end of hold period to the many Franchise users desiring this prime location. Subject is across Hwy from Home Depot & the new Duncan Donuts/ Steak & Shake being built. Addl portion (Strap# C-23-34-28-A00-0251-0000 can be purchased for $1,100,000.00), or BOTH parcels for total $2,600,000. Owner financing may considered with qualified buyer.
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0BEDS
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1.7ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
20,000+-SF Retail Bld by Big Box Retailers Home Depot & Lowes Sebring,FL! 9% Proforma Cap Rate. Current rents are below market & short term allowing new owner to lock in optimal market rates. Either use the desired space you need or lease for long term income performance if you wish and sell at end of hold period to the many Franchise users desiring this prime location. Subject is across Hwy from Home Depot & the new Duncan Donuts/ Steak & Shake being built. Addl portion (Strap# C-23-34-28-A00-0251-0000 can be purchased for $1,100,000.00), or BOTH parcels for total $2,600,000. Owner financing may considered with qualified buyer.
© 2021 Heartland Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Compton Realty. Data last updated: 2021-03-01T13:42:31.983.